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• W2074066992 abstract "We develop a theoretical model of the ethical preferences of individuals, combining individual social welfare functions and random utility theory. The model is applied by conducting a choice experiment regarding safety-enhancing road investments that target different age groups and road user types. The relative value of a saved life is found to decrease with age, such that the present value of a saved life-year is almost independent of age at a pure rate of time preference of a few percent. Moreover, a saved pedestrian is consistently valued higher than a saved car driver of the same age." @default.
• W2074066992 created "2016-06-24" @default.
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• W2074066992 date "2008-05-01" @default.
• W2074066992 modified "2023-10-01" @default.
• W2074066992 title "Are some lives more valuable? An ethical preferences approach" @default.
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• W2074066992 doi "https://doi.org/10.1016/j.jhealeco.2007.10.001" @default.
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